Nonfarm payrolls increased by 238,000 jobs in February against a predicted 227,000 increase. Actual unemployment/underemployment is 9.6% ("underemployment" - those working part time but seeking full time employment).
Construction recorded its largest gain in nearly 10
years due to unseasonably warm weather. Manufacturing added 28,000 in a strong performance, as well.
Job creation averaged 209,000 per month over the
past three months, well above the 75,000 to 100,000 needed to keep up
with growth in the working-age population. Last month, job creation was 298,000, the highest total in three years.
Understand that the Dems will argue that these numbers belong to Obama. What they want you to forget, is the fact that the economy has been repressed for years due to heavy regulation and the burden of ObamaCare. Real GDP averaged 1.6% for Obama's 8 eight years in office. Worst of any modern day president.
While I cannot argue that these numbers belong to Obama, in part, my belief is this: This report mirrors the Stock Market and the positive attitudes of those who create jobs That is all on President Trump. How can there be a question about that?
No comments:
Post a Comment